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20100901
20100901
Search Results 0 to 4 of about 5 (some duplicates have been removed)
the treasury yields are telling us, that i think that september might be true to form. >> reporter: as to why september historically is so grim for stocks, experts have a few theories. some say investors refocus on their portfolios after summer vacation. others speculate many americans sell stocks in the fall to pay hefty tuition bills. suzanne pratt, "nightly business report," new york. >> susie: here are the stories in tonight's nbr newswheel. a mixed close on the last trading day of the month. the dow added five points, the nasdaq lost six, and the s&p 500 edged up a fraction. volume climbed a bit from yesterday's pace-- 1.4 billion shares on the big board and 2.1 billion on the nasdaq. minutes from the fed's latest policy meeting show some members think the central bank should provide more support if the economy weakens further. fed officials eventually agreed to reinvest the proceeds from their huge mortgage bond portfolio into treasuries. single family homes in major cities saw a modest price increase in june. the s&p/case shiller home price index rose 1% from may. but economists warn t
more buyers in the u.s. last month. sales rose 15% as it continues to see its american business grow. i went today to a mercedes dealership in union, new jersey, to find out what's driving those robust sales. it's an alphabet of success stories. "c" class, "e" class, "s" class, and even the s.l.s. no matter which mercedes it is, consumers are driving off with these luxury sedans. sales of the new e-class models are up 71% so far this year, and-- for all mercedes vehicles sold in the u.s.-- up more than 22%. the c.e.o. of mercedes u.s.a. expects business for the german automaker will stay in the fast lane. >> i think we'll be able to keep that pace. we were hoping for a little bit of an increase, but we're happy if it stays on that level. there is a good chance it will. but we'll have to wait and see what september brings. >> susie: ernst, in this type economy, how is it consumers can buy a new car, let alone a mercedes. >> i think a lot of people are at the point where they do need a new car. they're hesitant, but they need it, and they're looking around and looking for good value and n
Search Results 0 to 4 of about 5 (some duplicates have been removed)